With Gold Nearing $3,000, Consider these Five Gold Stocks Immediately March 11, 2025 - Baystreet.ca With tariff fears, inflationary concerns and now the possibility of a recession, gold still has plenty of room to run. In fact, analysts are strongly arguing for $3,000 gold, immediate-term, which could have a substantial impact on gold stocks, such as Gold Hunter Resources Inc. (CSE: HUNT) (USA: HNTRF), Magna Terra Minerals (TSXV: MTT), Gold Digger Resources (CSE: GDIG), Newmont (NYSE: NEM) (TSX: NGT) and Prospect Ridge Resources (CSE: PRR) (OTC: PRRSF). Analysts at Citi just raised their near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks, along with strong central bank buying. The firm changed its near-term price target to $3,000 per ounce from $2,800 and hiked its 2025 average forecast to $2,900 per ounce from $2,800. "The gold bull market looks set to continue under Trump 2.0 with trade wars and geopolitical tensions reinforcing the reserve diversification or de-dollarization trend and supporting emerging markets official sector gold demand," Citi added, as also quoted by Reuters. Look at Gold Hunter Resources Inc. (CSE: HUNT) (USA: HNTRF) Gold Hunter Resources Inc., a mineral exploration company committed to the evaluation and development of mineral-rich regions in Newfoundland and Labrador, just announced the successful closing of its previously announced non-brokered private placement for total gross proceeds of $1,706,199.92. The Company previously announced its intention to raise non-flow-through funds through units only. The Company has issued a total of 28,436,665 Units at a price of $0.06 per Unit for gross proceeds of $1,706,199.92. Each Unit consists of one common share (a “Share”) and one-half of one transferable common share purchase warrant. (each whole warrant, a “Warrant”). Each Warrant is exercisable into one additional Share at a price of $0.12 for a period of 24 months from today. All securities issued will be subject to a statutory hold period expiring four months and a day from the date of distribution. "The team at Gold Hunter would like to thank all of our continued shareholders, and welcome our new investors to the Company," commented Sean Kingsley, President & CEO of Gold Hunter. “We are excited of what the Great Northern project can be and look forward to working for each and every shareholder to realize the potential.” Insider Participation: Eric Sprott, subscribed for 3,333,333 Units through 2176423 Ontario Ltd., a corporation beneficially owned by him. This investment has increased Mr. Sprott’s holdings of common shares to 7.26% on a partially diluted basis and to 9.88% on a fully diluted basis. Mr. Sprott is an insider of the Company and, as such, his participation in the private placement is a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to related-party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the shares to be purchased on behalf of Mr. Sprott nor the consideration to be paid by him exceeds 25% of the Company's market capitalization. Directors of the Company subscribed for an aggregate of 600,000 Units. Participation by an insider constitutes a related party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (”MI 61-101”). In relation to the financing, the Company has also paid finder’s fees of $25,695.00 and issued 428,250 non-transferable finder’s warrants to arm’s-length parties, each entitling the holder to acquire one Share at a price of $0.06 per Share for a period of 24 months from today. The Company intends to allocate the funds raised towards general operational expenses and ongoing business activities. Other related developments from around the markets include: Magna Terra Minerals announced that it has optioned a large strategic exploration land package; the Restigouche Property adding significant additional scale and exploration upside to its Rocky Brook Project, located in the prolific Bathurst Mining Camp of northern New Brunswick. Restigouche comprises approximately 6,605 hectares in 24 mineral claims, located adjacent to and along strike from the Murray Brook Deposit; the largest undeveloped VMS project in New Brunswick owned by Canadian Copper Inc. The acquisition of Restigouche brings the total land package of the greater Rocky Brook Project now owned 100% by Magna Terra to 17,104 hectares in 57 mineral claims, making the Company one of the single largest strategic landholders in this historic mining camp. Gold Digger Resources announced a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.35 per Unit for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one Share at a price of $0.50 for a period of 24 months from the closing date of the Offering. The proceeds of the Offering will be used for the Company’s proposed field program at its Botswana property, as described below, and for general working capital purposes. Newmont reported gold Mineral Reserves of 134.1 million attributable ounces at the end of 2024 compared to the Company’s 135.9 million attributable ounces at the end of 2023, inclusive of assets held for divestment. Newmont's go-forward Tier 11 portfolio includes 125.5 million attributable gold ounces and significant Mineral Reserves from other metals, including more than 13.5 million attributable tonnes of copper reserves and 530 million attributable ounces of silver reserves. "Newmont has solidified its position as the gold industry's leader with the highest concentration of Tier 1 assets, reserves and resources," said Tom Palmer, Newmont's President and Chief Executive Officer. "Supported by our industry-leading exploration program, we continue to focus on extending mine life, developing districts and discovering new opportunities in the most favorable mining jurisdictions. Newmont's extensive gold and copper reserve base represents the foundation for stable production and meaningful value creation for the next several decades." Prospect Ridge Resources announced the results of its drilling campaign at the Copper Ridge Zone of its wholly-owned Knauss Creek property located approximately 35 kilometres (km) northeast of Terrace, British Columbia. The initial drilling campaign at Copper Ridge included a total of 2,229 metres (m) across 9 holes, and targeted surface anomalies covering an area over 1.5 km by 850 m identified during summer 2023 by prospecting. The drilling covered a 300 m by 300 m area in the western portion and 300 m by 150 m in the center portion of Copper Ridge. Mineralized veins were regularly intersected in all holes with additional mineralization observed locally in fractures and the host rock. Three different 20-metre corridors (core length) of gold-silver and copper-gold-silver were identified. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Gold Hunter Resources Inc. by Gold Hunter Resources Inc. We own ZERO shares of Gold Hunter Resources Inc. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]
With Gold Nearing $3,000, Consider these Five Gold Stocks Immediately March 11, 2025 - Baystreet.ca With tariff fears, inflationary concerns and now the possibility of a recession, gold still has plenty of room to run. In fact, analysts are strongly arguing for $3,000 gold, immediate-term, which could have a substantial impact on gold stocks, such as Gold Hunter Resources Inc. (CSE: HUNT) (USA: HNTRF), Magna Terra Minerals (TSXV: MTT), Gold Digger Resources (CSE: GDIG), Newmont (NYSE: NEM) (TSX: NGT) and Prospect Ridge Resources (CSE: PRR) (OTC: PRRSF). Analysts at Citi just raised their near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks, along with strong central bank buying. The firm changed its near-term price target to $3,000 per ounce from $2,800 and hiked its 2025 average forecast to $2,900 per ounce from $2,800. "The gold bull market looks set to continue under Trump 2.0 with trade wars and geopolitical tensions reinforcing the reserve diversification or de-dollarization trend and supporting emerging markets official sector gold demand," Citi added, as also quoted by Reuters. Look at Gold Hunter Resources Inc. (CSE: HUNT) (USA: HNTRF) Gold Hunter Resources Inc., a mineral exploration company committed to the evaluation and development of mineral-rich regions in Newfoundland and Labrador, just announced the successful closing of its previously announced non-brokered private placement for total gross proceeds of $1,706,199.92. The Company previously announced its intention to raise non-flow-through funds through units only. The Company has issued a total of 28,436,665 Units at a price of $0.06 per Unit for gross proceeds of $1,706,199.92. Each Unit consists of one common share (a “Share”) and one-half of one transferable common share purchase warrant. (each whole warrant, a “Warrant”). Each Warrant is exercisable into one additional Share at a price of $0.12 for a period of 24 months from today. All securities issued will be subject to a statutory hold period expiring four months and a day from the date of distribution. "The team at Gold Hunter would like to thank all of our continued shareholders, and welcome our new investors to the Company," commented Sean Kingsley, President & CEO of Gold Hunter. “We are excited of what the Great Northern project can be and look forward to working for each and every shareholder to realize the potential.” Insider Participation: Eric Sprott, subscribed for 3,333,333 Units through 2176423 Ontario Ltd., a corporation beneficially owned by him. This investment has increased Mr. Sprott’s holdings of common shares to 7.26% on a partially diluted basis and to 9.88% on a fully diluted basis. Mr. Sprott is an insider of the Company and, as such, his participation in the private placement is a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to related-party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the shares to be purchased on behalf of Mr. Sprott nor the consideration to be paid by him exceeds 25% of the Company's market capitalization. Directors of the Company subscribed for an aggregate of 600,000 Units. Participation by an insider constitutes a related party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (”MI 61-101”). In relation to the financing, the Company has also paid finder’s fees of $25,695.00 and issued 428,250 non-transferable finder’s warrants to arm’s-length parties, each entitling the holder to acquire one Share at a price of $0.06 per Share for a period of 24 months from today. The Company intends to allocate the funds raised towards general operational expenses and ongoing business activities. Other related developments from around the markets include: Magna Terra Minerals announced that it has optioned a large strategic exploration land package; the Restigouche Property adding significant additional scale and exploration upside to its Rocky Brook Project, located in the prolific Bathurst Mining Camp of northern New Brunswick. Restigouche comprises approximately 6,605 hectares in 24 mineral claims, located adjacent to and along strike from the Murray Brook Deposit; the largest undeveloped VMS project in New Brunswick owned by Canadian Copper Inc. The acquisition of Restigouche brings the total land package of the greater Rocky Brook Project now owned 100% by Magna Terra to 17,104 hectares in 57 mineral claims, making the Company one of the single largest strategic landholders in this historic mining camp. Gold Digger Resources announced a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.35 per Unit for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one Share at a price of $0.50 for a period of 24 months from the closing date of the Offering. The proceeds of the Offering will be used for the Company’s proposed field program at its Botswana property, as described below, and for general working capital purposes. Newmont reported gold Mineral Reserves of 134.1 million attributable ounces at the end of 2024 compared to the Company’s 135.9 million attributable ounces at the end of 2023, inclusive of assets held for divestment. Newmont's go-forward Tier 11 portfolio includes 125.5 million attributable gold ounces and significant Mineral Reserves from other metals, including more than 13.5 million attributable tonnes of copper reserves and 530 million attributable ounces of silver reserves. "Newmont has solidified its position as the gold industry's leader with the highest concentration of Tier 1 assets, reserves and resources," said Tom Palmer, Newmont's President and Chief Executive Officer. "Supported by our industry-leading exploration program, we continue to focus on extending mine life, developing districts and discovering new opportunities in the most favorable mining jurisdictions. Newmont's extensive gold and copper reserve base represents the foundation for stable production and meaningful value creation for the next several decades." Prospect Ridge Resources announced the results of its drilling campaign at the Copper Ridge Zone of its wholly-owned Knauss Creek property located approximately 35 kilometres (km) northeast of Terrace, British Columbia. The initial drilling campaign at Copper Ridge included a total of 2,229 metres (m) across 9 holes, and targeted surface anomalies covering an area over 1.5 km by 850 m identified during summer 2023 by prospecting. The drilling covered a 300 m by 300 m area in the western portion and 300 m by 150 m in the center portion of Copper Ridge. Mineralized veins were regularly intersected in all holes with additional mineralization observed locally in fractures and the host rock. Three different 20-metre corridors (core length) of gold-silver and copper-gold-silver were identified. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Gold Hunter Resources Inc. by Gold Hunter Resources Inc. We own ZERO shares of Gold Hunter Resources Inc. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]